[Lnc-business] [Lnc-discuss] Email ballot 2013-13: Audit proposal re fixed assets

[Vicki Kirkland]

Yes
VK

On Mon, Aug 5, 2013 at 5:18 PM,  <rtomasso at lpnh.org> wrote:

> I think this has value. But before voting I'd like to know just for my
> own, and perhaps others', benefit, what are we considering to be "fixed
> assets"? I recall reading something about this yesterday but can't find it
> in my emails now. Is there a GAAP or other guideline for this? Is it based
> on dollar value or lifespan? Something else?
>
> Obviously things like furniture, computer hardware, buildings are fixed,
> but there is a fuzzy area for smaller or small-value items. Does the party
> have any artwork of value? Would that be included? I recall reading
> something about staplers and office supplies.
>
> Creating this register is a non-zero time cost for staff (I expect
> maintenance to be trivial), I just want to be sure what we are asking them
> to do.
>
>
> Thanks,
> Rich
> Region 5N Rep
>
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